HomeMy WebLinkAbout0927 and shall perform, comply with and abide 6y each and every the .agreement, afipulationi. condltloru and
covenants the?eof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, de-
termine and 6e null and void.
the mortgagor hen~by f
wlher eovenanfa and agrees to pay promptly when due the principal and
interest and other sums of money provided for in saidnote and this mortgage, or either; to pay all and
singular the faxes, assessments, levies, liabtlitips. obligations, and encumbrances o) every nnfttre on said pro-
perly; to permit. commit or suffer no waste. impairment or deleriorotton of :aid land or the improvement
fhprecn at any lime: fo Irppp the buildings now or hpreaf
ter -o?t said land fully Insured to a sum of not less
Ihan highest insurable value
in a company or rnmpanips acceptable to the mortgagee. the policy or policies to 6e held by, and payable
to, said mortgages, and in the event any sum of money becomes payable by virtue of such inawance the
mortgagee shall have the right fo receive and apply she same fo the indebtedne:: hereby :scored, accounting
to the mortgagor for any surplus; to pay all costs. charges, and expenses, Including lawyeri fees and title
searches, reasonably inct?~red or paid 6y the mortgagee bemuse of the failure of the mortgagor fo promptly
and fully comply u~ifh the agreements, stipulations, 'conditions and covenants of said note and tht mortgage.
or either; to perform, comply with and abide 6y each and every the agreements, atipulattons. conditions and
covenants set f
crib in said note and this mortgage ~ or either. In the event the mortgagor f
sib to pay when
due any tax. assessment, insurance premium or other sum of money payable 6y virtue o/ said note and tht
mortgage, or either, the mortgages may pay the same, without waiving or affecting the option to foreclwe
or any other right hereunder, and all such payments shall bear interest from date the?+eof at the highest law-
fu[ rate Ihpn allowed by the lau?s of the State of Florida.
any sum of money herein referred to be not promptly paid within ten days next after
the same becomes due. or if each and every the agreements, stipulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee. 6ernme and 6e due and payable, anything in acid note or herein
to the contrary notu~ithstaniling. Failure 6y the mortgagee to exercise any of the right or options herein
provided shall not consliltttp a waiver of any rights or options under said note or this mortgage accrued or
Ihereaffpr accruing.
~n ~~NIeSS thereof, the said mortgagor has hereunto signed and sealed these present the
day and year (first above ?uriffen.
Sig d, sealed a d livered in fhp. prpSPllCp of : -
TIMOTHY UIROZ
~ '
E
r .
~ .STATE OF FLORIDA,
CoU~°TY OF ST'. LUCIE
I HEREBY CERTIFY that oti this day, before me, an
officer dulq authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared -
. TIMOTHY F. QUIROZ
to me known to be the person described in and who ezecuted the (orcgoinq instrument and hg acknowkdsed
before me that h@ ezecuted the same.
N'17NESS my hand and official seal in the County and State last aforesaid this 13th day of
Sept$ttt~7E,'Y' A. D. 19 79.
~ - -
a
i
Notary P 1 c
,
"J
_ ~ ~ ~Attl TUC AAiE ~ AORItM ~
r t. ~ 0~
IIfI1~QlfyK~YIS t+Og. I~:•,
III
The mtsrtgagor has reaffi>~d his signat a and a ~ ~ akj -
' r~-~#eco~ding of this instrument this~day of Q:;:
witnessed by my official hand and se 's~_ _
( ' ;.r
f~
10HN EDGAR SHERRARD
This I,uirrar~ir~ prpnrcd by: Attorney At Law ti',1v.'~~. 3 PAGE 9 .
Arl~lrcxs 2C3 S. Indian River Drlv~
P. o. sox 4332 an
i~~ PacE t~e-Pe ord
Fort Pierce, Fbr'tda 3345